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Dubai's online F&B sales rocketed 255percent in 2020

Business Dubai 23 Feb 21
 Dubai's online F&B sales rocketed 255percent in 2020
Dubai chamber: Dubai's online F&B sales rocketed 255% in pandemic year. Foodstuff retailers and wholesalers pivoting towards e-channels pays off.
Fee
Event Location
Dubai , Dubai
Area
Dubai
Start Time
23 February 2021, 12:00 AM
End Time
31 March 2021, 12:00 AM

According to Dubai Chamber of Commerce and Industry, Online sales in the UAE’s food and beverage market surged 255 per cent year-over-year in 2020 to Dh1.5 billion. It could reach Dh2.27 billion by 2025.

Hassan Al Hashemi, Vice-President of International Relations at Dubai Chamber said that the pandemic-led digital transformation as a key factor driving exponential growth in F&B e-commerce sales last year, adding that Dubai’s tech infrastructure, logistics facilities, and high internet penetration rate are key elements that supported the trend.

Al Hashemi, described Dubai as a “leading example of a city that has leveraged technology and global partnerships to enhance food security to navigate challenges during COVID-19.”

The progress in UAE’s COVID-19 vaccination campaign increased national efforts to enhance food security, Expo 2020 Dubai and newly introduced incentives to attract foreign investment will play a major role in sustaining the local F&B industry’s growth, said Al Hashemi.

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